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20121205
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, and final enactment could take place tomorrow. republican governor rick snyder supports the legislation. if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california shipping port are over, but concerns of outsourcing persist. last week, striking workers protested that their jobs were being outsourced. employers denied sending jobs abroad. however, there is evidence that some industries are ramping up outsourcing. consulting firm the hackett group estimates since 2002, 663,000 jobs from large u.s. companies have gone abroad, mainly from industries like information technology, human resources, finance and purchasing. by 2016, the firm says another 375,000 jobs will have gone to places such as india, china, mexico and the philippines. just one day after apple reveals it will manufacture some of its products in the u.s., foxconn says it may follow suit. foxconn, apple's primary manufacturer in china, says it is considering expanding its operations in the u.s., where it currently has two factories. foxconn has seen its image suffer of late follow
's governor, rick snyder, on the news causing a big stir in what was a union stronghold. liz: less than three weeks less for congress to agree on the fiscal crisis. any signs democrats and republicans are moving closer to middle ground? rich edson sitting down with the new chair of the house financial services committee. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. you know how painful hear
. once that happens, it's expected to go to governor rick snyder's desk. he is expected to sign it, despite the fact that he did have an hour of intense meetings with democratic congressional delegation from here yesterday where they were asking him to veto this decision or at least delay the decision. he said he would consider their concerns but the likelihood is, if that bill reaches his desk, he will put his signature on it, zoraida. >> we're looking at video right now. we see a little bit of police presence there. they're expecting 10,000 unionized workers to show up today. do they have some security measures in place? >> oh, yeah, they definitely do. you're seeing road closures around the capital. there are parking restrictions in place. you know, if last week is any indication when thousands of people descended on the capital, today aets expected to be even more intense because we're getting closer and closer to that final approval, yes. we've seen even yesterday when i was out here, police were getting ready for what the onslaught of demonstrators are to bring. lots of barri
for that to happen, for the republican governor to sign it. rick snyder promises to do exactly that, probably tomorrow. look at more pictures we have for you here. more than 12,000 protesters gathered in freezing temperatures. i think i saw some snow falling earlier there in lansing as the lawmakers were inside, voting. and, against the odds, democrats waged a final losing battle. poppy harlow, let me bring you in there, amidst all of this in lansing. set the scene for me, now that we know, poppy, both the bills passed. what is the reaction like in the crowd? >> we knew this was going to happen and frankly, brooke, so did many of the workers, many of them union workers here in the crowd today as you said. thousands, likely more than 10,000 here protesting this legislation. but it is about the symbolism. what does this mean for a state like michigan that is at the heart of the organized labor movement in america to pass this right to work legislation. for our viewers that might not know what this means, if it is signed by the governor which in all likelihood it will be, this means it will be i
. that follows approval by the state senate last week. michigan governor rick snyder said he will sign that bill. more than 12,000 workers crowded into michigan state capital as legislature began debating right to work law. that prohibits unions from compelling members to be members and pay dues. security was tight. police in rite gear and carrying spray canisters on their belts. >>> what happens to the u.s. economy if we do go over the cliff? >>> the government cashes out of aig. what's next for the company and for the ceo? but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-
to work bill. this would prohibit consumers to pay more. governor rick snyder says he'll sign it. michigan will become the 24th u.s. right to work staid state. >>> and cnbc is taking to washington today as we send becky quick, larry kudlow and jim cramim cramer to the white . they'll be leading off with a special mission critical rise above d.c. report. it's part tax. read, becky? >> like you said, we are occupying washington. this is where we've camped out all night. there's been all this talk about the fiscal cliff. we know it is fact approaching. we know it is something that would threaten not only the united states economy, but the economies around the globe. if we go over that cliff, there will be steep cuts and spending and steep tax increases that would automatically kick in. what we're doing here today is talking to our elected officials, talking to people who are involved in these talks, trying to figure out what will happen, where we are and if there's any way to avoid that cliff, if there's a good way to come about with tax reform and a close look at what's been happening on the
labor. governor rick snyder believes there will be more job. he believes the protests hurt more than they help. here he is. >> if you go forward you will create a environment involving labor issues this could rise to the lebl level where i might not keep it off my agenda. i'm not happy about being in this situation. >> he has the responsibility as our leader avoiding this kind of a cliff. it is not, it is not good enough to be for him to say liks behind us. this will do the opposite. martha: there is the scene there. that is a live shot this morning. we were told there would be perhaps thousands of people gathering on the scene. certainly seems to becoming out to be that kind of a turnout. take a look at that this morning, 9:01 eastern time in lansing, michigan. the governor is set to sign this into law later today. it will become the 24th right to work state in the nation. this is growing trend across the united states. you look at states like michigan and wisconsin, both very big union states where this is a real, perhaps, turning point in this fight. mike tobin on the ground live
. despite the protests of thousands of people, michigan's governor rick snyder signed into law a right-to-work statute. >> critics say it weakens unions by taking away the requirement of union dues. that's pretty significant, because the state of michigan is one of the birthplaces of modern labor rights. >> reporter: michigan's republican controlled state legislature approved two controversial right-to-work bills, all the while pro union protesters crowded the capital. >> wages will go down. benefits will go down. it's going to hurt small business, local business. it's just going to hurt michigan. >> reporter: at issue is right to work. it allowed people to opt out of joining the union at the workplace. the governor has flip-flopped, saying it was labor and democrats who hit first, trying to pass prop 2 in november. voters turned it down. >> made the point to him to say if you go forward with this, you're going to create an environment involving labor issues that this could rise to the level where i might not be able to keep it off the agenda and that's what happened. >> reporter: demo
it on tv. anyway, "fast money halftime" rick snyder -- governor snyder -- >> not just talking about -- >> you unionized at work? >> union? >> no. >> you guys can't agree on anything. so -- >> right. the "fast money " -- >> are they unionized? >> no. >> the "fast money halftime report" will get 12-12-12-12-12-12. >> lucky. >> 12:00 hour, the 12th minute, and the 12th second. but i'm told that they'll probably be in commercial. which would be a real tragedy. i don't know whether they can change their break structure today. i would want to be there for 12-12-12-12-12-12. do you know who died? a couple of hours ago? robby shankar. 92 years old. >> really? >> i don't think we're allowed to play any beatles' music. although he didn't -- george learned how to play. we better try and check the markets. we'll try to play something. the most famous indian musician of all time. >> yoga -- >> they do? >> a -- >> from india. >> like the movie. he almost won -- ♪ >> guess what movie he almost won an oscar for -- >> what? >> not hard to figure out. "gandhi." >> oh. okay. all right. >>> it's goin
, that means less power, and that is at the core of all of this. rick snyder, a big supporter of this right to work legislation saying he will sign it if it makes it to his desk. many union workers vihamently oppose it. >> workers deserve the freedom to choose, and i think this is a good thing. >> this is absolutely not what's right for the worker. right now there are special interests that are trying to pass right to work in many different states, and michigan right now is up front right on the chopping block. >> why the opposition and why the massive protests here at the capitol. well, it's because those labor members really believe that this would result in lower pay for them, fewer benefits, less bargaining power, and what the data shows us is that typically union workers do make higher wages than nonunion workers. when you look at median weekly salaries. one labor lawyer that i talked to said this is hugely significant saying this could be devastating to the labor movement in america as a whole. what will happen over the weekend is that opponents of this right to work legislation will
-to-work state. governor rick snyder passing a new bill into law. ron motte is in lansing, michigan, with the latest. >> peace and quiet returned to the streets in the capital city. a far different scene than we saw here yesterday. about 10,000 people showed up. there was a lot of emotion on the lawn of the capital yesterday. a lot of the union workers believed this action was politically motivated, payback if you will for the successes of the democrats in michigan, but the president winning reelection as well. they think this is a death knell of the union in michigan. but the folks who advocated these changes to the workplace rules in michigan believe this gives workers more freedom, the freedoms they really should have to choose whether to join a union. the law will go into effect probably around april 1st or so. it's when the legislature ends its session now scheduled for december 20th. among the folks who lost this particular battle, believe this process should have included a lot more public debate. it was really rushed through the legislature over the past week or so. the hous
Search Results 0 to 10 of about 11